I want to understand the distinction between Wei and ether. Are they interchangeable or completely different? How do they relate to each other in the
Ethereum ecosystem?
9 answers
CharmedVoyager
Mon Jan 06 2025
Wei represents the smallest denomination of Ether.
QuasarPulse
Sun Jan 05 2025
It is named in honor of Wei Dai, a renowned computer scientist.
MysticRainbow
Sun Jan 05 2025
This denomination allows for highly precise calculations.
CryptoQueenBee
Sun Jan 05 2025
Wei is particularly useful in the realm of smart contracts.
Leonardo
Sun Jan 05 2025
Wei Dai is also the creator of the b-money concept.